Real Estate Investment Trusts (REIT)
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Rental income produced by residential properties rose 12 percent year-over-year in September 2012, CoreLogic reports.
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Some Americans are embracing the investor role in real estate, hoping it will fund their future retirement.
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Despite rising home prices and fewer available foreclosures, 40 percent of real estate investors say they plan to buy more homes this year than they did last year, according to a new survey.
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Real estate investment trusts are increasingly being eyed by investors as a potential income source—possibly delivering yields of 4 percent or more—at a time when other investments are drying up.
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(Updated August 2012)
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On June 11, 2012, a coalition of real estate organizations, including NAR, wrote to Reps. Tiberi (R-OH) and Neal (D-MA) thanking them for introducing H.R. 5746, the Update and Streamline REIT Act (U.S. REIT Act).
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